Money Blog - That Payday Loan

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THE SCENARIO Recently, Representative Katie Porter of Califorina's 45th District, questioned Kathy Kraninger, the Director of the Consumer Financial Protection Bureau (CFPB), about the Annual Percentage Rate (APR) of an example loan that could be procured from FlashApply Payday Lender. The example Rep. Porter used had a 2-week term, and used simple math rather than time... Read more...